Viacom Inc. had 111 analyst reports since August 7, 2015 according to SRatingsIntel. Zacks Investment Research's sales calculations are a mean average based on a survey of research analysts that cover Viacom. Cowen and Company reduced their price objective on Viacom from $41.00 to $31.00 in a research note on Tuesday, September 19th. Vetr upgraded shares of Viacom from a "sell" rating to a "hold" rating and set a $42.50 price objective on the stock in a research report on Tuesday, August 2nd. Deutsche Bank AG decreased their target price on Viacom to $25.00 and set a sell rating for the company in a research note on Monday, October 23rd. JPMorgan Chase & Co. restated a "buy" rating and set a $50.00 price target on shares of Viacom in a report on Friday, August 5th. Pivotal Research cut shares of Viacom from a "buy" rating to a "hold" rating and lowered their price target for the company from $52.00 to $47.00 in a report on Thursday, August 4th. Two equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and ten have given a buy rating to the stock. The stock now has a consensus rating of "Hold" and a consensus price target of $38.85.
More notable recent Viacom, Inc. (NASDAQ:VIAB) earned "Equal-Weight" rating by Barclays Capital on Friday, August 4. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and worldwide copyright & trademark law. The original version of this piece can be read at investing/brean-capital-downgrades-viacom-inc-viab-to-hold/1105536.html.
A number of brokerages have weighed in on VIAB. Finally, Hussman Strategic Advisors Inc. acquired a new position in shares of Viacom during the second quarter valued at $137,000. First Personal Financial Services grew its holdings in Viacom by 5.9% during the 2nd quarter. Vanguard Group Inc. now owns 28,964,262 shares of the company's stock worth $972,330,000 after acquiring an additional 6,496,269 shares during the last quarter. First Mercantile Trust Co. grew its holdings in Viacom by 1.6% during the 2nd quarter. BlackRock Inc. now owns 22,863,371 shares of the company's stock worth $767,522,000 after buying an additional 1,377,520 shares during the period. Finally, Oldfield Partners LLP increased its stake in Viacom by 13.2% during the third quarter. Capital International Investors now owns 7,343,721 shares of the company's stock worth $246,529,000 after acquiring an additional 1,178,200 shares during the last quarter. First New York Securities LLC NY raised its position in shares of Viacom by 440.0% in the third quarter. FMR LLC now owns 10,918,953 shares of the company's stock worth $366,551,000 after buying an additional 1,607,844 shares during the period. Hedge funds and other institutional investors own 79.38% of the company's stock.
Shares of Viacom (NASDAQ:VIAB) opened at 37.26 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.35 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $10,009.49, a PE ratio of 6.75, a PEG ratio of 0.86 and a beta of 1.54. Viacom Inc. has a one year low of $22.88 and a one year high of $46.72.
(NASDAQ:VIAB) news were published by: Reuters.com which released: "Viacom, Charter agree to extend renewal deadline: source" on October 16, 2017, also Reuters.com with their article: "Viacom looks to USA mobile deals as young viewers flee TV" published on October 26, 2017, Businesswire.com published: "Viacom Declares Quarterly Cash Dividend" on November 08, 2017. Stockholders of record on Friday, December 15th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.21%.